Meritz Financial Group Completes Acquisition of 2.41% of Outstanding Shares via Trust Contract, Enhancing Shareholder Value

Meritz Financial Group acquired 3,857,400 treasury shares at an average price of 110,497 KRW through a trust contract with NH Investment & Securities from March 26 to June 26, 2026.
The total acquisition amount is approximately 426.2 billion KRW, and after the acquisition, the trust contract holds 4,032,100 shares, representing 2.41% of total outstanding shares.
The trust contract value is 700 billion KRW, and the company additionally holds 2,421,102 treasury shares separately, bringing the total treasury share ratio to an estimated 3.85%.
The largest shareholder, Jeongho Cho, and related parties maintained their holdings at 98,371,678 shares with no change.
[AI Summary]Meritz Financial Group's large-scale share buyback through a trust contract signals strong commitment to shareholder value and stock price stability. The acquisition of approximately 2.4% of outstanding shares reduces the share count, likely boosting earnings per share. The remaining trust balance of about 273.8 billion KRW could be used for further purchases, providing additional upside support.